Business

PenCom launches monitoring platform to enforce pension compliance

  • 15th June 2026

Dangote refinery cuts West Africa fuel imports

  • 15th June 2026

Brent drops below $84 as Hormuz reopening plan

  • 15th June 2026

IMF urges Nigeria to tax telecom services, extend

  • 14th June 2026

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NDLEA raises ₦6.15bn from forfeited drug assets

News

Reps extend 2025 capital budget deadline to September 30

Finance

Macron warns Iran against tolls on Strait of Hormuz

Opinion

South Africa raises alarm over economic cost of xenophobia

Business

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Aviation

IATA cuts African airlines’ 2026 profit forecast to $100m

The International Air Transport Association has revised African airlines’ net profit forecast for 2026 to $100 million. The projection is contained in IATA’s Global Outlook for Air Transport – Energy in Crisis, released in June 2026 under its Sustainability and Economics outlook. The new estimate is lower than the $200 million net profit forecast issued […]

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Pharmaceutical society hails convictions of illegal drug dealers in Calabar, Oyo

The Pharmaceutical Society of Nigeria on Monday applauded two landmark Federal High Court judgments convicting operators of illegal pharmaceutical facilities, describing the rulings as a major breakthrough in the fight against fake drugs and quackery in Nigeria’s healthcare system. The society said the judgments delivered by the Federal High Courts in Ibadan and Calabar have […]

Policy and Regulations

Poor policy implementation hindering manufacturing growth — BAT

British American Tobacco Nigeria has called for stronger and more effective implementation of existing industrial policies, insisting that Nigeria’s manufacturing challenges are driven less by the absence of policy frameworks and more by weak execution that continues to constrain investment, productivity, and overall economic growth. The PUNCH reported that in a statement made available on […]

Finance

FG clears over ₦700bn contractor debts

The Federal Government has processed payments exceeding N700bn in verified obligations owed to local contractors over the past few months, including N436.6bn disbursed in May alone, as part of efforts to clear long-standing debts and stimulate economic activity. The PUNCH reported that the Federal Ministry of Finance disclosed this in a statement issued on Monday […]

featured Finance

FG slashes imprest for ministers, heads of MDAs

The Federal Government has introduced a fresh set of measures aimed at strengthening financial discipline across Ministries, Departments and Agencies by imposing new limits on reimbursable imprest and tightening oversight of public funds. According to The PUNCH the new directives are contained in the 2026 Annual General Imprest Warrant signed by the Minister of Finance […]

Tech

Uber opens early access signup for London ‘robotaxi’

Uber has launched an interest list for customers in the United Kingdom seeking early access to autonomous rides, a move that signals preparations for a potential robotaxi rollout in London in partnership with Wayve. The new feature, announced on Monday in London, allows riders to register their interest in being matched with a Wayve-powered autonomous […]

Business

FG schedules Wednesday flight for stranded Nigerians in South Africa

Nigeria will begin evacuating its citizens from South Africa this week following anti-immigrant attacks and protests in Africa’s largest economy. The Federal Government has scheduled the first evacuation flight for Wednesday. This was disclosed in a text message by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, according to Reuters. South Africa […]

Technology

OpenAI plans ChatGPT redesign into ‘superapp’

OpenAI is reportedly planning the biggest redesign of ChatGPT since its 2022 launch, with plans to transform the chatbot into a “superapp” that will combine coding tools, AI agents and third-party integrations, according to a report by the Financial Times. The development comes as the $850 billion company intensifies its push toward profitability ahead of […]

Business

Global stocks slide as Middle East tensions drive oil higher

Global stock markets declined on Monday as investors grew increasingly concerned about the outlook for technology stocks, while oil prices surged following renewed tensions in the Middle East that weakened expectations of a near-term reopening of the Strait of Hormuz. Equity markets across Asia and Europe tracked losses on Wall Street, where major technology stocks […]

Aviation featured

Nigeria leads Africa in domestic aviation growth — Report

Nigeria’s aviation sector recorded Africa’s fastest domestic seat capacity growth in June 2026, with airlines increasing domestic capacity by 21.7 per cent year-on-year. The figures are contained in data released by OAG on the African aviation market for June 2026, based on scheduled flight capacity across carriers operating within the region during the month. Among […]

Business

FG delays Nigerians’ evacuation from S’Africa over logistical challenges

The Federal Government has postponed the evacuation of the first group of Nigerians seeking to return from South Africa amid renewed xenophobic attacks against foreign nationals. The Ministry of Foreign Affairs disclosed the development on Monday, citing logistical constraints as the reason for the delay. According to the ministry’s spokesperson, Kimiebi Ebienfa, the evacuation flight, […]

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